Importance of trading profit and loss account
The Profit and Loss Account shows the profit or loss of a business over a given period of time e.g. 3 months, 1 year, One of the most important objectives of a business is to make a profit. P&L Account for Superior Traders as at 31/12/ 2004. Mar 17, 2020 A Profit and Loss Statement is important because it illustrates whether or not we have made a profit – one of the most important objectives of